The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) from 27.25% to 27.50% to curb rising inflation.
This decision was made...
The Central Bank of Nigeria (CBN) has issued a fresh directive to banks, mandating them to prioritize cash disbursement through Automated Teller Machines (ATMs).
In...
Justice Joyce Abdulmalik of the Federal High Court in Abuja issued an order on Wednesday, restricting the Central Bank of Nigeria (CBN) from disbursing...
The Nigerian naira has seen its value slide further, closing at N1,740/$1 in the parallel market last weekend, signaling a reversal of recent gains.
This...
The Central Bank of Nigeria (CBN) has announced that Nigeria’s external reserves reached $40.2 billion as of October 18, 2024.
Deputy Governor of Economic Policy,...
The Central Bank of Nigeria (CBN) has revoked the license of Heritage Bank Plc.
The apex bank’s decision which followed with an immediate effect, was...
The prosecution commenced trial on Tuesday, May 28, before the High Court of the Federal Capital Territory (FCT) in two criminal cases involving former...
